Archive for January 5th, 2012

NY Gov. Cuomo Dumps Reference to Fracking in Big Speech

Yesterday, all eyes were on New York Gov. Andrew Cuomo and his second “State of the State” address, delivered in Albany. The popular governor has walked a tightrope on the issue of hydraulic fracturing, but after yesterday’s speech, MDN wonders if he’s fallen off that tightrope. Since his inauguration in 2011, Gov. Cuomo has seemed […]

Solar Panels Can’t Compete with Cheap Shale Gas

An article published today by NPR (no less) exposes the simple truth about solar energy: It just can’t compete with shale gas economically. The article recounts the experience of a Pennsylvania family who installed 21 solar panels with government subsidies (that is, the government sliding their sticky fingers into your pockets to help pay for […]

Cabot is S&P 500’s Top Performer for 2011, Production Up 154%

Cabot Oil & Gas fin­ished 2011 as the S&P 500 top per­former. The energy company’s stock value increased by a whopping 101% in 2011, despite falling nat­ural gas prices. Cabot increased their dividend to shareholders by 33 percent and the company has declared a two-for-one stock split to be distributed later this month. Cabot more […]

Talisman Fined for Drilling Accident from January 2011

Nearly a year after an accident which happened during hydraulic fracturing of a gas well in Tioga County, PA, the State Department of Environmental Protection (DEP) has fined Talisman Energy $51,478. From a DEP press release issued yesterday:

Philly Frack Sand Company Expands, Buys WI Company

Preferred Sands, a privately-held company headquartered in the Philadelphia suburb of Radnor, PA, has just bought out another sand company—Winn Bay Sand, located in Blair, Wisconsin—for $200 million. Preferred Sands is a frack sand and proppant company launched in 2007. It’s the largest frack sand producer in Canada, and one of the top three in […]

Marcellus & Utica Shale Story Links: Thu, Jan 5, 2012

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:

 

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